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Strategies & Market Trends : Natural Resource Stocks

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To: jimsioi who wrote (2486)10/25/2003 2:52:39 PM
From: Jim Willie CB  Read Replies (1) of 108660
 
Gold in Euro terms, revisited (weekly chart)

stockcharts.com[h,a]daclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

giant Cup & Handle is in the right side handle formation stage

support found off 3.2 ratio
rising stochastics weekly

this is a strange one
as gold rises, but gold keeps pace, the ratio is intact

I BELIEVE THE NEXT BIG GOLD PUSH WILL COINCIDE WITH THE GOLD-EURO RATIO MOVING
gold traditionally rises when all major economies realize this
so far the movement in USA is minor
the movement in Asia is somewhat larger
the movement in Europe has not even begun, not at all

/ jim
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